Berachain DeFi TVL Takes a Dip, Falls 10% in Week

The Berachain ecosystem’s decentralized finance (DeFi) landscape has seen a notable decline in total value locked (TVL). Data from DefiLlama reveals a decrease of nearly 10%, dropping from last week’s peak of $3.495 billion to $3.15 billion, as reported by BlockBeats. Infrared Finance, the top liquidity staking protocol within this ecosystem, has been impacted significantly. Additionally, decentralized exchanges (DEX) Kodiak and BEX also saw a decline in TVL.